Valdebebas
Written by Contact Us

Valdebebas, the main market floor

The real estate course starts strongly. The price of land pulls the market in Madrid. The operations follow one another and Valdebebas is one of the areas of interest, where there is also little land available for housing. Soil commercial It is also active.

In fact, in recent months several relevant transactions have been closed in terms of price. According to information from El Confidencial, Acciona has bought from the Celteo Business company, a plot of 31.700 square meters - 26.018 square meters for residential and 5.755 for commercial. And has paid 2.000 euros per square meter, double what was paid five years ago.

"It is an area that is already consolidated, at the residential level, and there is very little land available," he says Luis Corral, CEO of Contact Us. There are currently 11 promotions underway -Inbisa, Amenabar, Ibosa, Gestilar, Real Estate Space ...- which add 857 homes, of which almost half are sold.

House prices range between 450.000 and 650.000 euros (depending on the size of the house), with average square meter prices between 3.800 and 3.700 euros.

Only 18 of the 141 plots of the scope are pending development, just over 10% of the total. "We estimate that there is between 7% and 10% of buildable square meters in free housing, to which the land owned by the town hall and protected housing should be added," said from Foro Consultores.

The price of the square meter is between 3.700 and 3.800 euros.

For Luis Corral, Valdebebas is a special area. «Two submarkets have been configured. On the one hand, the replacement product thought for a client that comes from Las Tablas, Sanchinarro or Montecarmelo, You are looking for bigger houses. And on the other, the first home, with fewer square meters ».

You can see all the information in this area in the article by Elena Sanz in El Confidencial

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housing in Madrid
Written by Contact Us

Housing in Madrid: the buyer goes to the periphery

Acquiring a new home in Madrid is something that only a few can achieve. The lack of supply in the capital and its prices is displacing the demand towards the periphery. Areas such as Alcobendas, San Sebastián de los Reyes, Boadilla del Monte, Pozuelo de Alarcón and Majadahonda to the north and Cañaveral, Ensanche de Vallecas, Getafe or Parla to the south, are welcoming those for whom there is no place in the great city. Especially if you are looking for comfortable and prepared urbanizations to enjoy as a family.

A very relevant issue, since it is expelling many interested. We analyze the urban situation in Madrid: prices, buyer profile, land, supply and demand. A vision of the hand of promoters such as Neinor Homes, Vía Célere, Áurea Homes and Contact Us with Luis Corral, CEO of the firm.

New housing in Madrid

A broad debate where multiple issues were addressed, which you can hear in the program Capital Radio Real Estate Investment with Meli Torres.

  • Why is the home buyer going to the periphery?
  • What is the profile?
  • Advantages and disadvantages of acquiring a home in the metropolitan crown
  • Prices compared to Madrid and also the difference between north and south in the periphery
  • Projects of new construction promotions in the periphery of Madrid with greater demand
  • The role of the Administration
  • Future and residential projection in the outskirts of Madrid

The complete debate can be heard in the following links. In the first of them from the minute 25: 31, approx. and the rest in the second link.

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REST OF THE COLLOQUIUM

Image: @crdeprada

Valdebebas and El Cañaveral
Written by Contact Us

Valdebebas and El Cañaveral, prices skyrocket

The lack of finalist land is causing a rise in the price. This resulted in a increase in the final costs of housing. In just four years, prices have skyrocketed in Valdebebas and El Cañaveral

The Cañaveral is one of the few areas of Madrid where you can buy housing at affordable prices, but the pressure of the demand in this area it is very strong. In fact, in this area a flat costs 100.000 euros more than in 2015, while in Valdebebas it is necessary to spend around 150.000 more euros.

Study of Forum Consultants

As regards El Cañaveral,Contact Us 13 has analyzed projects in commercialization with 860 units. While there are hardly any 285 units currently on sale. The average price of sale of the square meter round the 2.100 euros. In the following graph you can see the evolution in previous years.

Housing price in The Cañaveral. In the image data until March of 2018. In Currently, the average price is around the 2.100 euros m2 and the unit price 251.000 euros.

«In January of 2016, the soil the buildable square meter was paid between 400-450 euros. At the beginning of 2017, the figure reached the 600-650 euros, while at present 750 is paid euros metro, and we are already at a turning point«, Recognize from Foro Consultores. In his opinion, «in this zone the final sale prices of a house, momentarily, have reached ceiling in the 2.100 euros per square meter built, not including the annexes -Steads and parking spaces- ». In addition, they add that, to the strong increase of prices, it is necessary to add the costs of work. They have risen around an 20%, disrupting some financial plans.

The pull of Valdebebas

"Unlike El Cañaveral, there is still an upward trend, because there is little land available in the area," according to Foro Consultores. Also, remember how the price of land has evolved in the last three years. "In 2016, the price per square meter of buildable land was around 1.200 euros, while in 2017 it reached 1.500 euros and at present it is in 1.900 euros the buildable square meter".

In Valdebebas, the average price of a home is around the 3.500 euros square meter built (between 3.000-3.947 euros) and the average cost one floor is about 497.700 euros, with an average area of ​​141 square meters

All the information of these areas, you can read it in detail in the report of Elena Sanz in The Confidential

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Image. Residential Valdebebas Unique. Promotion that already has a building license.

Tetuan
Written by Contact Us

Tetuán, one of the most profitable districts of Madrid

It has become one of the most profitable districts in Madrid. It has still affordable prices, it is inside the M-30 and, in addition, it has many interested in living rent in the area. These arguments make Tetuán one of the most attractive areas.

In addition, it is possible to buy new housing from 145.000 euros and below 400.000 euros. Yes, in small promotions where there is no space for pool or gardens. According to the gross rental income, is located at 4,3%, the highest in the entire center of Madrid

The cranes have returned to the neighborhood

According to data from Foro Consultores, there are currently more than a dozen promotions underway that add 250 new homes. The vast majority are projects of a very small size and with an average price of 248.000 euros.

In addition, only two stand out for their size. Jardines de Tetuán and Jardines de Cuatro Caminos, of 64 and 94 units, respectively. «The projects in progress are very small promotions. Without common areas and with affordable prices«, Explains El Confidencial Pablo Presa, director of the Research and Evaluation department of Foro Consultores. "Everyone is helping to regenerate the neighborhood and most of it is built on very small lots belonging to old houses."

All the information about this district of Madrid, you can read it in the report of Elena Sanz in El Confidencial, with the participation of Pablo Presa, Contact Us, among other experts in the sector.

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Image: Gardens of Cuatro Caminos. Promotion Foroprovivienda

housing in El Cañaveral
Written by Contact Us

The Cañaveral, a neighborhood with affordable housing

Housing in El Cañaveral. Although it is one of the neighborhoods with the most affordable housing in Madrid, the growing demand is causing the stock to begin to run out and with it the price increase.

Luis Corral, CEO of Foro Consultores, highlights the initial disadvantages and current advantages of those who bought first. What, in principle, was a disadvantage became an opportunity for these residents: "Being the first, they were able to buy 1.200 euros per square meter in the 2015 year. That is to say, for a two-bedroom dwelling it was based on costs from 150.000 euros».

Currently, prices are no longer so cheap. The square meter is now pay 2.100 euros, which translates into 240.000 euros for a two-room apartment, according to current data from Foro Consultores. "This means that, in four years, there has been a rise of 75%», Corral emphasizes.


8.000 homes for lifting

The Cañaveral will host 14.000 houses, of which 6.000 are already delivered or are being built. Their owners will have the keys in the coming months. This urban development is still attractive to buy cheap in Madrid, taking into account, in addition, that another of the large neighborhoods of new construction in Southeast, the Ensanche de Vallecas, it has practically exhausted the land to be built, since only 10% is available, according to Forum Consultores

To free housing promotions must be added those that have some type of protection: VPPB and VPPL. United with good communications with the rest of Madrid and provisions for the population of the area.

All the information about this development, you can read it in Your Housing and in elmundo.es

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And if you are looking for housing, take a look at our website Foroprovivienda

And if you want info of the sector enter our Press Room and our Blog

cheap housing
Written by Contact Us

Is there cheap housing in Madrid? The key, the developments of the southeast

Lto paralysis of urban developments The southeast is causing a problem in Madrid. The cheap housing of new construction is disappearing from the capital. In affordable areas, such as El Cañaveral or Ensanche de Vallecas, prices have skyrocketed. Up to an 25%, according to a study carried out by Contact Us for Compensation Boards of the Southeast Developments.

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flat houses
Written by Contact Us

Is it possible to find new and cheap housing?

It seems complicated if the goal is to buy new and cheap housing in Madrid capital. There are only 3.000 new homes for sale. Of which, only 300 units cost less than 150.000 euros, according to data from Valuation Company published in El Confidencial

And this is a price increase in the absence of product. In case it was little, joins that some of the developments in Madrid are in the courts as is the case of the Southeast. The Cañaveral is the only one that has not been affected by the ruling of the Supreme Court of 2012. And it has the latest large finalist floor bag available in the south of Madrid.

The pressure of demand on prices has not been expected. In addition, in El Ensanche de Vallecas, fully consolidated, there are few plots for sale.

new and cheap housing

The Canaveral

Prices in El Cañaveral

El price of housing an 50% has been increased from 2015, according to data from Foro Consultores. And even in the last year, the rise has been 25%. The price of the square meter has passed only in twelve months from 1.450 to 1.800 euros. In this way, a house that in 2015 cost a little less than 140.000 euros, currently moves around 215.000 euros.

You can read the full report of Elena Sanz en The confidential. With data from Contact Us and the participation of Laura Sampedro, Director of Research and Evaluations. For Sampedro, "the big problem is that outside El Cañaveral, there is nothing else".

Considers that the only affordable housing in Madrid capital are concentrated in this area. Where, in addition, the strong demand is causing strong upward price tensions. And the land prices, together with the strong increase that the construction costs are experiencing, have been transferred to the final price of the house.

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homes and real estate market
Written by Contact Us

Tetouan, a multicultural district, path of gentrification

Tetouan, the road to gentrification? This district of Madrid concentrates diverse economic, social and urban realities. The constant promoter activity it can support his path towards "gentrification". Although we must not forget, among other factors, that its population is multicultural, the result of immigration initiated at the end of the last century.

Su location es privileged, because its limit for the east is the Paseo de la Castellana, while on the south its border is Raimundo Fernández Villaverde street and Reina Victoria Avenue. It extends practically to the 'Cuatro Torres' and borders on the west with the renovated Paseo de la Dirección. In the past, this district belonged to what was the village of Chamartín de la Rosa.

El Azca financial complex It is within its limits. We find buildings of striking singularity, such as the Picasso Tower, the BBVA Building, the Europa Tower. Much of the economic power of the country is developed in this area. However, and heading west, beyond the border that supposes the Bravo Murillo street, we find rural housing and high percentages of immigration.

La promoter activity it does not stop, at present there are up to 15 promotions of new work. And this number grows with the passage of the months. The type building that is promoted is of a small number of houses, about six, eight floors, according to the small lots available. It is also worth noting the demolitions that give way to the renovation of the neighborhood. As soon as you have the opportunity, bigger promotions are built, but it is not usual. The most sought-after area for investors is the one east of Bravo Murillo Street.

La Gentrification it's a posibility. This term implies the improvement of the neighborhood, the rise in prices and the displacement of the population that now inhabits it. However, the topographic characteristics that define the district by the east (high slopes), the winding of some streets due to a low urban planning and the striking percentage of immigration (17,3%) minimize this phenomenon. It can be concluded that it will occur little by little, starting in the east. It will be enhanced with the construction of the towers provided in the Paseo de la Dirección. It is true that this effect will not occur in all neighborhoods or immediately.

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Photo: https://www.flickr.com/photos/jorgealonsodejuan/

Southeast Madrid developments
Written by Contact Us

Southeast developments, at the crossroads

LThe Southeast of Madrid developments are a set of urban areas that embrace the core of the capital. From north to south are: El Cañaveral, Los Cerros, Los Ahijones, Los Berrocales, the well-known Ensanche de Vallecas and Valdecarros. At present, the development of Ensanche de Vallecas. While El Cañaveral, which has just entered the scene, has a high promoter activity with increases in land prices. The truth is that we are facing a real estate and urban development crossroads. Fruit of the new cycle of the housing market and the new municipal policy.

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